SOLD
Sold on 17 Aug 2024 for $390,000

104/704 Victoria Street
North Melbourne VIC 3051

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Sold By
Jellis Craig Kensington
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Property Details for 104/704 Victoria St, North Melbourne

104/704 Victoria St, North Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1929. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in North Melbourne in the last 12 months.

Building Type
Unit
Year Built
1929
Floor Size
52m2
Local Government
Melbourne
Lot/Plan
12/PS639594

Last Listing description (September 2024)

Placed to enjoy every advantage of its effervescent surrounds, this boutique gem offers smart, stylish, and sophisticated living in the captivating conversion of local landmark 'Mulcahy's Hotel' (c1929). Configured to maximise light and space, an impressive main section features combined living, dining, and built-in study areas, spilling onto a pair of scenic balconies ideal for warm-weather evenings unwinding with friends. A well-appointed kitchen features ample cabinetry and a stone benchtop, while a generous bedroom is complemented by mirrored robes and a modern bathroom with stone-top vanity. Its suitability spanning first-home buyers, professionals, downsizers, and investors alike, additional highlights include hardwood floors, reverse-cycle heating/cooling, an intercom, security entry, and zoning for University High School. The perfect inner-urban base within easy reach of the CBD and Melbourne Airport, it's metres from trains and trams, North Melbourne Recreation Centre, and the animated surrounds of Errol Street, with the vibrant Docklands precinct, Queen Victoria Market, Flagstaff Gardens, Royal Park, major hospitals, and leading universities all nearby.

Property History for 104/704 Victoria St, North Melbourne, VIC 3051

A timeline of how this property has performed in the market
Last Sold
$390,000
17 Aug 2024
Listed for Rent
$350/w
25 Oct 2021
  • 17 Aug 2024
    Sold for $390,000
  • 28 Jun 2024
    Listed for Sale Contact Agent
  • 14 Oct 2021
    Listed for Rent $350 / week
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About North Melbourne 3051

The size of North Melbourne is approximately 2.4 square kilometres. It has 12 parks covering nearly 4.7% of total area. The population of North Melbourne in 2011 was 11,755 people. By 2016 the population was 14,948 showing a population growth of 27.2% in the area during that time. The predominant age group in North Melbourne is 20-29 years. Households in North Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Melbourne work in a professional occupation. In 2011, 31.4% of the homes in North Melbourne were owner-occupied compared with 28.5% in 2016.

North Melbourne has 11,966 properties. Over the last 5 years, Houses in North Melbourne have seen a 18.11% increase in median value, while Units have seen a 11.46% increase. As at 30 September 2024:

  • The median value for Houses in North Melbourne is $1,357,324 while the median value for Units is $502,581.
  • Houses have a median rent of $700 while Units have a median rent of $550.
There are currently 60 properties listed for sale, and 45 properties listed for rent in North melbourne on OnTheHouse. According to CoreLogic's data, 390 properties were sold in the past 12 months in North melbourne.

Suburb Insights for North Melbourne 3051

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.